• Altcoin market cap breaks seven-month downtrend, reclaims $880B, and confirms bullish momentum across the entire sector.

  • TOTAL3 clears resistance with volume, printing higher lows and returning to its rising channel from late 2023.

  • With new 2025 highs in place, TOTAL3 now targets upper range levels as capital flows back into altcoins.

The altcoin market cap (TOTAL3) has officially broken out of a seven-month descending resistance. This breakout follows repeated support bounces along a multi-year ascending trendline that has remained intact since 2023.

TOTAL3 is now trading above $880 billion after reclaiming a key level near $700 billion earlier in the month. Price action reflects strong momentum with volume expanding and structure breaking out cleanly from compression. Market behavior confirms bullish intent across the broader altcoin sector.

Multi-Year Structure Holds Firm

The trendline drawn from the 2023 low has now supported three separate macro lows-2023, 2024, and 2025. Each retest triggered renewed upside, with 2025’s bounce producing a rounded base just ahead of the recent breakout. This zone now acts as the pivot separating consolidation from expansion.

https://twitter.com/el_crypto_prof/status/1943432877015773612

According to market analyst Moustache, TOTAL3 printed a clean series of higher lows over the past three months, gradually tightening beneath a descending trendline. With July’s breakout, the structure has shifted toward an ascending triangle with confirmation now visible on both price and volume. The chart now reflects bullish continuation above the prior compression range.

That said, the breakout has pushed TOTAL3 back inside a rising parallel channel first established in late 2023. A key point is that past entries into this structure led to sustained rallies with little interruption. If price continues to follow this rhythm, higher targets beyond $1.6 trillion remain in play.

Key Breakout Zone Mirrors Prior Cycle Moves

TOTAL3 reclaimed its position above the 2024 high and moved decisively through resistance after seven months of decline. This level also intersects with the long-term ascending trend, adding weight to the structural validity of the move. Price is now trending in the upper half of the formation.

The insights from market researcher Moustache pointed to the current pattern as a repeat of earlier altcoin cycle launches. According to the chart, previous breakouts from similar zones led to large-scale rallies across the board. TOTAL3 now reflects the same setup after spending months in accumulation.

To build on that, the broader altcoin market has shown strength across major segments, especially mid-caps and DeFi tokens. Altcoin market cap continues to print fresh 2025 highs with momentum rotating from Bitcoin dominance. TOTAL3 is now positioned to challenge upper-range resistance as capital flows back into risk.